Net Asset Value(s)

RUFFER INVESTMENT COMPANY LIMITED

(a closed-ended investment company incorporated in Guernsey with registration number 41996)

FUND NAME	NAV	SEDOL	NAV DATE
Ruffer Investment Co Ltd	£2.0801	B018CS4	17th   June 2016

Valuation as at date: 17^th  June 2016

Date: 20^th  June 2016

Par Value = Fair Value

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited
Harry Rouillard                   44 (0)1481 745315